Crypto collapse: Crypto.com’s shadow bank Transactive, US banks and crypto, Binance not so good with actual money

For today’s post, it’s Amy’s turn! [Amy Castor]

In this episode:

  • Euros on Crypto.com have been frozen, because their EUR payment processor Transactive has fallen afoul of the Bank of Lithuania. Who are Transactive?
  • The Federal Reserve loathes the idea of banks touching crypto, and Silvergate is absolutely not to even consider starting up Diem again.
  • Binance is having a few issues with actual-money payments too.

 



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